Capitol to Courthouse Florida Insurance Report: Tuesday, October 6, 2015
Oct 6, 2015
To go directly to the section of your choice, click on a hyperlink below. Other hyperlinks to meeting information, bills and news are noted in bold type.
Daily Florida Insurance-Related Events
- 9:00 a.m.–Florida Department of Revenue Rule Development Workshop. Tallahassee, Florida. Proposed amendments to Rule 12B-8.003 would adopt, by reference, five forms used in the administration of the insurance premium taxes, fees, and surcharges. To view the meeting notice, click here.
Daily Florida Insurance-Related News
Florida lawmakers square off over downsizing Citizens Insurance
Alleging customers of the state-run Citizens Property Insurance Corporation are being unknowingly passed off to smaller private insurers, Democratic state lawmakers are filing legislation to sharply curtail Citizens’ “takeout” program. Troy Kinsey reports for BayNews9.com.
South Carolina Gets Help From Florida Emergency Managers
Florida Governor Rick Scott has sent a team of “hazard managers” to South Carolina to assist in the Palmetto State’s response to record flooding in the wake of Hurricane Joaquin, FloridaPolitics.com reports.
Sinkhole Shuts Down Busy Miami Road
A portion of Miami’s Southwest 27th Avenue was closed to traffic for numerous hours on Monday due to a sinkhole, causing major traffic delays. Jamie Guirola reports for NBC Miami.
Broward taxi permit holders sue county, say it treats Uber with favoritism
Broward taxi owners sued Broward County on Monday, saying it rendered their taxi certificates worthless by allowing unlimited drivers for Uber and other “transportation network companies” to operate here. The Sun-Sentinel’s Brittany Wallman reports.
Sarasota scraps regulations for taxis – and for Uber
One month after abandoning its controversial plans to govern ride-hailing services like Uber, Sarasota city commissioners on Monday kept a promise by deregulating traditional taxicabs as well. Emily Le Coz reports for the Sarasota Herald-Tribune.
Hillsborough regulators offer olive branch in Uber spat
The Hillsborough County Public Transportation Commission has halted all legal action against ride-hailing company Uber in hopes of brokering a compromise with the company and its legislative allies. Mike Salinero reports for the Tampa Tribune.
Florida Legislature announces details of 19-day Special Session
The Florida Legislature has solidified plans to hold a 19-day special session this fall, the Associated Press reports via SaintPetersBlog.com.
Social media privacy bill advances in Florida Senate
The Senate’s committee on Commerce & Tourism has advanced legislation to prevent companies for asking employees for their Facebook or Twitter passwords, SaintPetersBlog.com’s Ryan Ray reports.
Florida Senate committee approves changes to mandatory minimums
Two bills that would make changes to mandatory minimum sentences received approval from the Senate Criminal Justice Committee on Monday. Daniel Ducassi reports for PoliticoFlorida.com.
South Carolina Insurance Director: Insurers Ready for Joaquin-Related Claims
The insurance industry is bracing itself for an expected onslaught of claims in the wake of what South Carolina officials are calling a 1 in 1,000 year storm. MyNewMarkets.com’s Amy O’Connor reports via Insurance Journal.
Privatizing Flood Insurance: The Right Choice For Consumers
New reports from FEMA encourage this privatization trend and describe how to make it a reality for more policyholders, Forbes’ Steve Pociask writes.
Too-Big-to-Fail Insurers Could Face 10% Hike to Capital Requirements
Global insurers with the greatest ties to the financial system would face an average increase of 10 percent to capital requirements under new standards proposed by a group of regulators. Bloomberg’s Katherine Chiglinsky and Sarah Jones report via Insurance Journal.
Texas Department of Insurance Actuary Wins National Award
Mike Boerner, director of the actuarial office for the Texas Department of Insurance, is the 2015 recipient of the Robert J. Myers Public Service Award from the American Academy of Actuaries, Insurance Journal reports.
Click here to follow Colodny Fass on Twitter (@ColodnyFassLaw)
To unsubscribe from this newsletter, please send an e-mail to colodnyfassnews@gmail.com